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SNAG.V ·

Silver North Announces $500,000 Non-Brokered Private Placement

Financings

Trading Symbol (TSX-V: SNAG)

410-325 Howe Street

Vancouver, British Columbia

Canada V6C 1Z7

Tel: (604) 687 3520

Fax: 1-888-889-4874

www.silvernorthres.com

NR 24-02

Silver North Announces $500,000 Non-Brokered Private Placement

Not for distribution to United States Newswire Services or for dissemination in the United States .

Vancouver, BC, March 14, 2024 – Silver North Resources Ltd. (TSX-V: SNAG, OTCQB:

TARSF, Frankfurt: I90, “Silver North” or the “Company”) is pleased to announce a non-

brokered private placement of 5 million Units of the Company at a price of C$0.10 per Unit for

gross proceeds to the Company of up to $500,000 (the “Offering”).

The Units will consist of one common share and one non-transferable common share

purchase warrant allowing the holder to buy an additional share for each full warrant held for

a period of three years at $0.20 per additional share.

The closing of the Offering is expected to occur on or about April 10th, 2024 and is subject to

receipt of all necessary regulatory approvals including the TSX Venture Exchange (the “TSX-

V”). Finder’s fees of 7% in cash will be paid to eligible parties. The securities issued with

respect to the Offering will be subject to a hold period of four months and one day in

accordance with applicable securities laws.

This news release does not constitute an offer of securities for sale in the United States. The

securities being offered have not been, nor will they be, registered under the United States

Securities Act of 1933, as amended, and such securities may not be offered or sold within the

United States absent U.S. registration or an applicable exemption from U.S. registration

requirements.

About Silver North Resources Ltd.

Silver North’s primary assets are its 100% owned Haldane silver project (next to Hecla Mining

Inc.’s Keno Hill Mine project) and the Tim silver project (under option to Coeur Mining, Inc.).

Silver North also holds gold and base metal projects in Yukon Territory, Colorado and Nevada

and is actively seeking partners for them. Silver North also plans to acquire additional silver

properties in favourable jurisdictions.

The Company is listed on the TSX Venture Exchange under the symbol “SNAG”, trades on the

OTCQB market in the US under the symbol “TARSF”, and under the symbol “I90” on the

Frankfurt Stock Exchange.

For further information, contact:

Jason Weber, President and CEO

Sandrine Lam, Shareholder Communications

Tel: (604) 807-7217

Fax: (888) 889-4874

To learn more visit: www.silvernorthres.com

Twitter: https://twitter.com/SilverNorthRes

LinkedIn: https://www.linkedin.com/company/silvernorth-res-ltd/

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT

TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS

RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS

NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS

RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS,

MAY INCLUDE FORWARD- LOOKING STATEMENTS. FORWARD- LOOKING STATEMENTS ARE

BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISK S AND

UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT,

ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-

LOOKING STATEMENTS.